DETROIT, May 13 (Reuters) - General Motors ( GM ) and
battery partner LG Energy Solution are planning to
start commercial production of lower-cost cells for future
electric vehicles at a U.S. facility starting in 2028, the
companies said on Tuesday.
The cells will have a lithium manganese-rich (LMR)
chemistry, which GM says is lower cost than the nickel-rich
cells used today, but will still give customers the range they
want in future electric trucks and full-size SUVs. The cells
will also be prismatic versus the current pouch structure,
reducing the number of parts in the battery pack by more than
50%, according to GM.
The Detroit automaker, which now has 12 electric vehicles in
its lineup, is trying to lower its battery costs to enable cost
parity with its gas-powered products by adding new types of
cells and chemistries in those cells.
"We're adopting flexible chemistries for the best balance of
range, performance and affordability," said Kurt Kelty, GM's
vice president of battery, propulsion and sustainability, during
a media briefing on the announcement. "My mission here is to get
as many EVs on the road as possible. We need to get price parity
with (internal combustion engine vehicles) and then this thing's
just going to take off."
The LMR cells will be made at one of the two LG-GM
joint-venture Ultium Cells battery plants the companies have in
Ohio and Tennessee. With the LMR prismatic cells, GM expects to
offer more than 400 miles of range in a single charge on an
electric truck, "while significantly reducing our battery
costs," Kelty said.
GM is expecting to reduce its battery pack costs by $30 per
kilowatt-hour in 2025, but it hasn't said how much its
per-kilowatt-hour costs are.
GM is also planning to offer vehicles with lithium-iron
phosphate-based cells that are also lower cost than the nickel
cells. Kelty said GM will release more information soon.
While GM aims to be the first automaker to commercially
deploy LMR batteries in its electric vehicles, crosstown rival
Ford Motor ( F ) is also working on deploying the technology,
according to a recent blog its director of electrified
propulsion engineering wrote on LinkedIn.